Crypto Startups Raised More Money but Show Slowdown in Q2 2024
VCs believe that there’s a growing fatigue in infrastructure investment and thus they are putting greater focus on opportunities in crypto applications.
Startups
Find all the key stories related to the world of startups, explore the latest breaking news about major unicorns, tech pioneers and financial disruptorsNovogratz’s Galaxy Raises $113 Million for Early-Stage Startups
In the past, Galaxy Ventures invested between $30 million and $50 million of the firm’s money into various crypto startups.
Revolut Seeks to Sell $500 Million Worth of Shares at $40B Valuation
This private equity sale by Revolut will help the company generate liquidity for early investors and employees.
Fintech Startup Fnality Raises $95M in Funding Led by Goldman and BNP Paribas
With the recently secured Series B funding, Fnality is poised to continue its pioneering work in the tokenization of fiat currencies backed by Central Bank cash.
OpenAI’s European Rival Aleph Alpha Raises $500M in Series B Funding Round
The data used to train Aleph Alpha’s models is stored in Europe and includes a large repository of multilingual public documents published by the European Parliament.
Animoca Brands Acquires Web 3.0 Streaming Platform Azarus
Although the monetary terms of the acquisition were not disclosed, this is not the first time Animoca Brands would be investing in Web 3.0 game companies.
Rise In Expands Its Web3 Talent Pool with BlockBeam Acquisition
Together, Rise In and BlockBeam aim to provide the best possible learning and career-building experience for developers across the globe, promising to lead the way in shaping the future of Web3 technology and innovation.
Chinese AI Startup Zhipu Secures $342M in Funding from Alibaba, Tencent
Zhipu and Baichuan are the two leading startups involved in China’s push for using generative artificial intelligence competing with Google and OpenAI.
AI-Inspired Business Started with Less than $200 Makes Two Friends over $200,000 in 7 Months
The duo currently have three other joint side hustles like DimeADozen with plans to create even more.
AMD Acquires Nod.ai for Undisclosed Amount to Accelerate Its Optimized AI Solutions
Following the Nod.ai acquisition, AMD shares gained nearly 2 percent to add to the impressive YTD performance of more than 68 percent.
Find all the key stories related to the startup sphere, learn about major unicorns, tech pioneers and financial disruptors in this section. Learn how once unknown companies get huge investments and what makes the public believe in their future success.
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